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Hickingbottom Corporation Has Two Production Departments, Forming and Finishing

Question 38

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Hickingbottom Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Hickingbottom Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:   During the current month the company started and finished Job M381. The following data were recorded for this job:   The total job cost for Job M381 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $2,206 B)  $616 C)  $4,076 D)  $1,870 During the current month the company started and finished Job M381. The following data were recorded for this job:
Hickingbottom Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:   During the current month the company started and finished Job M381. The following data were recorded for this job:   The total job cost for Job M381 is closest to: (Round your intermediate calculations to 2 decimal places.)  A)  $2,206 B)  $616 C)  $4,076 D)  $1,870 The total job cost for Job M381 is closest to: (Round your intermediate calculations to 2 decimal places.)


A) $2,206
B) $616
C) $4,076
D) $1,870

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